relation: http://eprints.imtlucca.it/1267/
title: Interactions between ageing and risk properties in the analysis of burn-in problems
creator: Foschi, Rachele
creator: Spizzichino, Fabio
subject: HA Statistics
subject: HB Economic Theory
description: Several relevant problems in reliability can be looked at as problems of risk management and of decisions in the face of uncertainty. However, in this frame, the so-called burn-in problem can be seen as a problem of risk taking par excellence. In this paper, we in particular point out some aspects concerning interactions between the probabilistic model for lifetimes and considerations of an economic kind. As one of the features of our work, we hinge on some unexplored connections between ageing properties of a one-dimensional survival function Formula and risk-aversion-type properties of the function u(t) = bG(t), b > 0, when the latter is seen as a utility function. 
publisher: INFORMS
date: 2012-04
type: Article
type: PeerReviewed
format: application/pdf
language: en
identifier: http://eprints.imtlucca.it/1267/1/Decision_Analysis_Foschi_2012.pdf
identifier:   Foschi, Rachele and Spizzichino, Fabio  Interactions between ageing and risk properties in the analysis of burn-in problems.  Decision Analysis.   ISSN 1545-8490      (2012)  
relation: http://dx.doi.org/10.1287/deca.1120.0236
relation: 10.1287/deca.1120.0236